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240 Million Shares – Out FREAKIN standing!!!
First, the A/S means NOTHING. There is not one financial measurement that uses A/S in the formula.
The fact is…. everything is measured from the OUTSTANDING SHARES, the revenue per share, earnings per share, market cap, etc etc. And 240 million is very low given we think about 160 million is probably restricted. So we have a company with REAL CEO, with REAL employees, with REAL revenue and low low low float. So how do we valuate the price for LIGATT?
Most hi-tech companies trade around 3X revenue and those with high growth at higher multiples. Let's conservatively say that we should be trading at least 2X revenue and that the outstanding share count is 240 million (80 million float and 160 million restricted for Greg, Directors and employees). We don’t know the revenue but most stock prices reflect what investors think the revenue will be in 9 months. I’d say $5 million is more than conservative given the amount of stuff Greg is into.
2x revenue with 240 million shares.
$5 million rev - .0416
$10 million rev - .0833
$15 million rev - .125
3X revenue (IF WE THINK THIS IS GROWTH CO.) with 240 million shares
$5 million rev - .0625
$10 million rev - .125
$15 million rev - .1875
As you can see, the most conservative projection is about 900% higher than the current pps!!! Anybody now wonder why MMs are frantically trying to lower pps? Plus, pennies are well known for spiking and running well above a price that they later settle to. So hot news and we could easily see pennies in the teens or higher IMO.
IT'S A STEAL AT THESE PRICES IMO!!! IT IS WORTH MORE THAN A FEW PENNIES AS WE SPEAK IMO!!!!
Agreed!!! A steal at these prices!!! It's at these levels because we don't have complete verification of everrything and because with low volume, trading groups and MMs can manipulate stock prices at will!!! NITE gets fined several million a year but they don't care as they make more manipulating. That all goes away with any volume however and soon all will be chasing pps IMO.
Besides, I question the intelligence of messing with a company with a bunch of hackers as employees!!! That's like going after the IRS!!! LOL Uh......for some of you, that's not big brother looking over your shoulder!!! LOL
Remember, name change was needed for PRs. It doesn't matter if the symbol is IGTP or ABCD as long as they can list the REAL name of our company on the PR.
Ok, we have REAL company with official name on pinksheets soon, REAL CEO (rockstar is everywhere) and REAL revenue that we should learn about with share structure this week.
Most hi-tech companies trade around 3X revenue and those with high growth at higher multiples. Let's conservatively say that we should be trading at least 2X revenue and that the outstanding shares is around 300 million (80 million float and 220 million restriced for Greg, Directors and employees). And with around 100 employees, payroll has to be a few million, so here are possibilities based on:
2x revenue with 300 million shares.
$5 million rev - .033
$10 million rev - .066
$15 million rev - .10
3X revenue (IF WE THINK THIS IS GROWTH CO.) with 300 million shares
$5 million rev - .05
$10 million rev - .10
$15 million rev - .15
As you can see, the most conservative projection is about 700% higher than the current pps.
IT'S A STEAL AT THESE PRICES IMO!!!
We'll close green today IMO!!!
It's sunny in Seattle and I'm off to have some fun with my daughter today. Wonder if we get another video blog from Greg today? If so, and the hype gets out over weekend, we'll start moving up big on Monday. A series of news PRs next week could move us up pennies!!! Yeah pennies folks!!! So buy cheap now or chase next week but you won't be able to buy large blocks easily next as NITE will then make you chase him up!!!
Yeah NITE always makes money regardless!!! SOBs!!!! LOL
Yes, REAL company, with REAL revenue, with REAL employees and REAL ROCK STAR CEO!!!!
Name another pink that actually is not going public to steal money from shareholders. Most pinkies are run by CEO that is about to lose everything and they immediately work a deal with Cornell and start the DILUTION DEATH SPIRAL!!!
Greg wants to make MORE money, not steal money to save his company. He does not need to go public to survive. HUGE HUGE HUGE difference. This is a reverse merger into a clean shell of a company with revenues!!
The reason we are hanging at these levels is:
1. Waiting for name change to be official.
2. Waiting to learn share structure of new company.
3. Waiting for real and projected revenues and earnings.
4. Waiting for news on acquisitions and projected new business.
While we wait, MMs and trading groups make a ton of dough moving this up and down. Once we start getting news on MOnday, if you're not onboard, you'll be chasing IMO. I've traded many pennies and made multiple 6-figures off of MBAH a few years ago. This is the most certain HUGE gain I've ever seen and wish I had more funds to add today at these ridiculous low levels.
Bashers gone? News coming!!!
Looks like cheapies are done and over and the reality is there was NOT much available at the low prices. I think an MM (wink wink) with help was pushing ppps down by creating false ASK and then gobbling up cheap shares to cover the shorts. They can legally do this as long as they cover in 3 days. The reality nobody cares what happens on pinks.
But when name change comes and news starts and we see the share structure and projected revenue, etc etc etc, everyone (including MMs) know this is worth more thna half a penny!!!
Hang on to your nutsacks boys!!! We're in for a ride!! : )
It's a STEAL at these prices!!! It will just jump one day and those waiting will be chasing!! : )
OK, Greg isn't going to win any Oscars and I laughed at someone worrying about him not being articulate. Hmmmmmmm.....anybody ever meet Bill Gates in the early 80s? I did and he was not impressive sitting in his chair rocking as he talked. Uhhhh....NERDS CAN MAKE MONEY!!!!!!!!
Here's what we know:
1. This is a reverse merger (of a REAL company with REAL emplyees with REAL revenue) into a clean shell.
2. There is a name/symbol change waiting for final approval. Sounds like waiting for paperwork deal.
3. The float is very small for a penny stock; 80 million or so.
4. CEO and Directors own RESTRICTED SHARES which means they are NOT in float and NOT being sold.
5. Greg will be buying. In fact, we won't know until we see an SEC filing which means he could be buying NOW.
6. An INVESTOR WEB SITE is ready for release when symbol is approved.
7. Big plans and maybe an acquisition in the works.
THIS IS NOT A NORMAL PENNY STOCK!! THIS IS A REAL DEAL!!! In fact, Greg intends to get it out of the penny class.
From what many of us have guessed with regards to revenue and outstanding shares, the day of the symbol change announcement and new web page, THE PPS WILL BE IN THE PENNIES!!!
Who cares if it is this week or in 3 weeks, it will be in the pennies and buying under a penny is a STEAL!!!!
I actually think it is sooner than later and Greg just covered his arse with the 1-4 weeks. So I'll be buying more this week. Not going to take a chance of being on the sidelines waiting for it to drop .0001!!! LOL
Actually he said 1-4 weeks and I seriously doubt it will be 4 weeks. And as far as the pps stabilizing and staying here for weeks. Not in a million years. It will continue to creep up so if you think waiting weeks to buy is ok, I would NOT count on that.
It's a STEAL at these prices!!!
OK, Greg isn't going to win any Oscars and I laughed at someone worrying about him not being articulate. Hmmmmmmm.....anybody ever meet Bill Gates in the early 80s? I did and he was not impressive sitting in his chair rocking as he talked. Uhhhh....NERDS CAN MAKE MONEY!!!!!!!!
Here's what we know:
1. This is a reverse merger (of a REAL company with REAL emplyees with REAL revenue) into a clean shell.
2. There is a name/symbol change waiting for final approval. Sounds like waiting for paperwork deal.
3. The float is very small for a penny stock; 80 million or so.
4. CEO and Directors own RESTRICTED SHARES which means they are NOT in float and NOT being sold.
5. Greg will be buying. In fact, we won't know until we see an SEC filing which means he could be buying NOW.
6. An INVESTOR WEB SITE is ready for release when symbol is approved.
7. Big plans and maybe an acquisition in the works.
THIS IS NOT A NORMAL PENNY STOCK!! THIS IS A REAL DEAL!!! In fact, Greg intends to get it out of the penny class.
From what many of us have guessed with regards to revenue and outstanding shares, the day of the symbol change announcement and new web page, THE PPS WILL BE IN THE PENNIES!!!
Who cares if it is this week or in 3 weeks, it will be in the pennies and buying under a penny is a STEAL!!!!
I actually think it is sooner than later and Greg just covered his arse with the 1-4 weeks. So I'll be buying more this week. Not going to take a chance of being on the sidelines waiting for it to drop .0001!!! LOL
LOL...Look like some new bashers this morning?
Means only one thing...they want cheap shares!!! : )
Not getting mine and in fact, they'll have to compete with me for cheap shares!!!!
And there will be few if any as it's to whether this jumps to a few pennies but when
It's a STEAL at these prices!!!
OK, Greg isn't going to win any Oscars and I laughed at someone worrying about him not being articulate. Hmmmmmmm.....anybody ever meet Bill Gates in the early 80s? I did and he was not impressive sitting in his chair rocking as he talked. Uhhhh....NERDS CAN MAKE MONEY!!!!!!!!
Here's what we know:
1. This is a reverse merger (of a REAL company with REAL emplyees with REAL revenue) into a clean shell.
2. There is a name/symbol change waiting for final approval. Sounds like waiting for paperwork deal.
3. The float is very small for a penny stock; 80 million or so.
4. CEO and Directors own RESTRICTED SHARES which means they are NOT in float and NOT being sold.
5. Greg will be buying. In fact, we won't know until we see an SEC filing which means he could be buying NOW.
6. An INVESTOR WEB SITE is ready for release when symbol is approved.
7. Big plans and maybe an acquisition in the works.
THIS IS NOT A NORMAL PENNY STOCK!! THIS IS A REAL DEAL!!! In fact, Greg intends to get it out of the penny class.
From what many of us have guessed with regards to revenue and outstanding shares, the day of the symbol change announcement and new web page, THE PPS WILL BE IN THE PENNIES!!!
Who cares if it is this week or in 3 weeks, it will be in the pennies and buying under a penny is a STEAL!!!!
I actually think it is sooner than later and Greg just covered his arse with the 1-4 weeks. So I'll be buying more this week. Not going to take a chance of being on the sidelines waiting for it to drop .0001!!! LOL
MORE COWBELL!!! I NEED MORE COWBELL!!!! : )
If we go to OTC:BB that will get more MM interest. I hope that is being worked on as well!!! : )
Exactly!! Brokers have been notified of impending name change and once they get the notice, it is close. Plus, Greg said the lawyers had him sign something Friday and I'm guessing that was the filings going to SEC and Edgar. And just my 2 cents but I don't care if it is a bad day when the news comes out!! In fact, it will only make us look more attractive IMO.
Remember, many here think this would be a .10+ stock if it was a new shell started from scratch. This is a gift to those that pay attention and can stand a bit of stress!!! LOL
Guessing it is to cover margin calls on other stocks as the DOW is tanking. Nobody would sell this close to news without being desperate IMO.
With 100 employees, REV should easily be a few million. At 1X revenue and 80 million shares, that is a price around .10!!! That's if we only have enough revenue to barely meet payroll.
But this is a growing company so revenue should be higher and we should trade higher than 1X revenue. There are penny stocks trading at .10 with NO revenue!!! IMO this is a .10-.30 stock easily once all data is out, including rev projections.
But we are here because:
1. Greg, CEO of Ligatt bought old shell that was sub-penny.
2. He has announced reverse merger and stated outstanding shares will be around 80 million.
3. He even said he will be buying up to .10 which will be easy to attain.
However, we don't have symbol change yet and SEC filings to verify what Greg has told investors. But once we get SEC filings confirmation then we gap pennies IMO. This is easily a .10 stock out the door if he was starting from scratch. But using a clean shell is faster and more lucrative for those of us that found this and jumped on board. The train is still at the station (unbelievably) for those still wanting on!!!
Market scare and waiting for Greg is why we're down.
Greg and his twittering is having no effect on pps. We really need the symbol change, SEC filings and investor web site up now GREG!!!! I'm guessing he is smart enough to know that the sizzle needs to be followed (immediately) by the steak!!!
That being said, those buying today are getting a heck of a deal!!! : )
Even if Ligatt only has enough revenue to cover the 100 employees, this is still a .10 stock!!! That's about a 2000% increase over current levels. Get in while you can because once real news is out and confirms all we've been saying this gaps pennies IMO.
If he is buying up to .10, that means he needs news that will spike us to over .20 IMO!!!! It goes like this:
With 80 million shares and revenue of $15 million (a guess based on offices and number of employees) we would need to be at .1875 to be at 1X revenue. Many hi-tech companies trade at 3X revenue or higher but let's be conservative.
Even if Ligatt only had enough revenue to pay for 100 employees, we would be trading at .10. Now he is hiring so he probably has revenue projections higher than just enough to meet payroll, huh?
And let's assume he has growth projections in revenue and we trade higher than 1X earnings. Yeah, well over .20 folks. The reason we are still below a penny is simple. Nobody completely trusts rumors and everyone and I mean everyone is scared to own ANY stock more than a few days. Once Greg's plans are official via filings with SEC, we explode IMO.
Personally, he'll need more than .10 to get my shares!! : )
Also, news has to be imminent. Greg has been around the block and knows you only have a few days to get traders excited. He can't put out twitters saying very very very very soon and have us wait more than a week. Too many would disappear and we'd be running uphill again. So I'm guessing the documents that needed signing Friday were the filings to the SEC and we see it on Edgar Monday or Tuseday!! : )
Revenue will move the price up!!!
When we get confirmation of Reverse merger and new symbol and then some revenue projections etc, that's when we rocket up!!
Let's say we have $15 million revenue as one poster predicted...
With O/S of 80 million if we were trading at just 1 X revenue, we'd be selling for almost .20!!!!
With 100+ employees, the payroll has to be over $7 million! So even if they had half the revenue guesstimated, we should be at .10!!!!
Anybody think this stock is worth more than half a penny!!! We are not up because everyone is afraid to own anything for more than a few days. I'm thinking however that Greg is very very very very close to putting it all together. He doesn't strike me as the kind of guy that would start sending twitters months or weeks before something happened. I'm guessing next week.
So if the above revenue estimations are correct, those holding off buying because of market fear, will be buying in the pennies!!! Those of us that were able to see the difference between the pump penny stocks with no products and no revenue and a REAL penny like Ligatt with real employees, real products, and real revenue will be rewarded beyond belief.
I may break my record gain of 300K from MBAH a few years ago!! : )
Why worry about technical chart stuff? Greg releases PRs regarding reverse merger and revenue and future plans and you think some technical aspect of the chart will stop us? I've said it many times but in the long run, charts mean NOTHING in a penny or subpenny stock. Maybe before news and in low volume you can make chart predictions but long term it is silly. Did the charts show a move over a penny when the stock was .0002?
My lawyer wakes me at 5:30 am and he's gonna get his butt kicked!!! LOL
We should be getting some PRs early next week. This is the lowest you will EVER see this stock again!!!! This is a real company with real employees with real revenue with a REAL CEO!!!! Think of all the pennies that go up with NOTHING and just imagine what this will do with REAL news!!!
Watch the buying at end of day. I'm predicting near or over a penny!!! : )
What!!? My sell order @ .27 not showing?? : )
Didn't Melanie tell someone that Greg couldn't buy before this Friday? Maybe we get symbol change tomorrow? Personally I'd prefer Monday but change it tomorrow and put out PRs next week. Any way you cut and dice it, this is worth much much much more than half a penny!!! I think the minimum value based on just enough revenue to meet payroll is .05 but in reality it is probably worth .10-.20 out of the gate as the real and projected revenue is much higher than payroll expenses. JMHO As soon as traders get confirmation of that worth, they'll be tripping over each other to get onboard.
Let's say you're correct - $15 million REV...
With O/S of 80 million if we were trading at just 1 X revenue, we'd be selling for almost .20!!!!
With 100+ employees, the payroll has to be over $7 million! So even if they had half the revenue you guesstimate, we should be at .10!!!!
Anybody think this stock is worth more than half a penny!!!
Hmmmm......no wonder he wants as many as possible up to .10!!! Whatever the real valuation is, we know for sure it's much higher than barely a penny!!! : )
This is like an IPO for friends and family price!!
The Reverse Merger could work like this:
I was in the shower…… wondering WHY CEO/founder Greg Evans will be buying shares as opposed to selling through dilution like the other penny CEOs?
First, LJB Ventures (Ligatt Security) is not like other penny companies. Other penny companies usually buy a shell to start raising money for a company that has little or no sales. They can’t get loans at banks or any other place and must DILUTE and sometimes go to Cornell and get into the death spiral of sub-penny, followed by dilution and reverse splits.
LJB Ventures (Ligatt Security) is different. They already have a company with 100 employees, 4 offices and I’m guessing a fair amount of revenue. However, Gregg can’t reward employees or raise capital for expansion because of the credit crunch. So he buys a clean shell and creates a reverse merger.
Now…..he supposedly has told some here he will be buying shares up to .10. Ok, let’s say he buys shares after symbol change PR. With the huge volume he could easily buy shares and with any other news keep buying up to .10. He then turns around and sells some of the bought shares over time and slowly as the price continues up past .10.
Think about it. Dilution is usually the death of all penny stocks. Yes, you raise money to survive but never have a pps that is good for anyone, including the founders and employees. This way he raises money and keeps some shares and keeps the pps going up, not down. It might be what he is thinking?
It would be brilliant if so and all would make money in this scenario because Greg has bought a shell with a small pps and small number of outstanding shares. He has enough revenue and news to pump the pps up as he buys and keeps the pps up later when selling by controlling the amount to sell versus the demand from news. He probably thinks the real value (what he can get it to in say 1 year) of the stock is .20-.40, which would give him plenty of wiggle room if he buys as much as possible up to .10.
Maybe someone has a margin call and needs out badly of a stock that is up for them. I've had a couple of times in the past where I needed to sell a stock and it was low volume and MM kept lowering Bid as he knew I had to chase.
That or somebody is shorting or MM manipulation to get cheap shares. Only options as a total buffoon would be selling at the Bid given the last few days and what is to come.
We get some volume and this nonsense all goes away.
Yes, it happens automatically.
It shouldn't take long for a symbol change either.
LOL.....some of us actually have enough money to be in both. No, the selling is usually by those that aren't posting but were posting feverishly yesterday. Remember this is up big time with No news and some taking profits. We get some news and this moves up many pennies IMO.
This is a real company with a real CEO but he needs to let us in on his plan, simple as that. But once he does, it will be way too late to buy at these prices!!! LOL
Wouldn't hurt to have some news. Not sure this goes to .10 and stays there without some news. That being said, with all of the attention and volume, ANY news and this is going to bust a nut!!! : )
It's WOOD TIME!!!!!
Nothing like a last hour rally to give a guy some wood!!!
Close to .02 by end of day and big gapper tomorrow IMO.
However, we will be approaching the time where some company news is necessary to maintain these advances. What would a nice big PR do in the next day or two? : )
SUPER WOOD!!!!!!!!!!
TIME FOR THE RALLY MONKEY!!!!
http://www.rallymonkey.com/video/kenindex.swf
Depends on whether the MMs want to hold it back some or let it run. We could easily open near .01 IMO. Not many runners these days and if we get a trading group (yes, they do exist) stair-stepping this up, it will be a FUN WEEK, not just a fun day. : )
And if we get news on new symbol or other......all bets off!!!
Yep, it was promoted by a stock legend named IvG on Raging Bull who it turns out was in cahoots with MBAH CEO. It stayed in the .20s for a few weeks as real news accompanied the run. But then revenue didn't keep up with dilution which is always the killer in pennyland.
We will need some news here to maintain any serious run but it seems some is coming so fasten the seat belts and get on your Depends!!! Because if we get news with only 80M shares?.... well you'll need the Depends, trust me!!! LOL : )
Weeeeeeeeeee....getting some WOOD here!!!! : )
Ely-Lake's X's panties coming off!!!! : )
Cool!!! Have pics?? : ) I mean while we're sitting here waiting.....I'm just saying.... : )
Does give a guy a nice visual of what we have here!!!
RU, Buy some with my SPCB gains? WAIT.....I don't have any SPCB gains!!! DOH!!!!!!!!!!!!!!!!!!!!
Actually I got out with minor loss and put it in here!!! Let 'er rip boys!!!!! We get some PRs next weeks and this WILL BE a penny stock!! : )
Buying so far today!!!
Nobody to sell in low .02s!!! : )
Another day of .02s and mostly buying at the ASK.
MMs will be ready to move this baby up a bit. Gawd, a lawsuit notice of filing objections to BK would send this thing way up!!! Let's see if HUSSEY can justify that BK is only way to save Spectrum!!